Canadian gold miner White Tiger Gold Ltd will buy smaller rival Century Mining Corp in a stock deal worth about C$743 million. White Tiger has offered 0.40 of its share for each Century Mining share. The offer values Century at about C$1.82 a share -- more than three times the stock's Friday closing. White Tiger's operations are mainly in Russia, including the Savkino and the Nasedkino project, while Century Mining's primary asset is the Lamaque gold mine in Quebec. The board of both companies support the deal and White Tiger shareholders will own about 39 percent of the company.
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